Pertinent Category: Daily Economy

Lina Khan’s Anti-Progress Paradox

– October 5, 2023

“If Amazon can be sued by the FTC for the success it has achieved in catering to customers and enabling the sales of third-party sellers, what chance does a small business have for crafting its own strategies and having autonomy over its own operations and distribution networks?” ~Kimberlee Josephson

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The Rules of Liberal Civilization Are Really Quite Simple

– October 5, 2023

“First learned in childhood, these rules remain relevant and important throughout our lives. And these rules’ relevance and importance don’t disappear, or even diminish, simply because today’s majority finds it convenient to cast one or more of them aside.” ~Donald J. Boudreaux

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Three Questions for Dr. Fauci on His Alleged Secret Visit to CIA Headquarters

– October 4, 2023

“From the beginning of the pandemic, there has been a persistent government effort to silence and marginalize those who questioned NIH’s policies and conclusions.” ~Jon Miltimore

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Inflationary Growth is Fake News

– October 4, 2023

“Economic growth means more output. Comparatively less money chases comparatively more goods. All else equal, prices across the economy should fall.” ~Alexander W. Salter

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Thomas Sowell, Social Justice Fallacies 

– October 3, 2023

“We might agree that ‘equal chances for all’ would be desirable. But that in no way guarantees that we have either the knowledge or the power required to make that goal attainable.” ~Gary M. Galles

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Price Controls Don’t Fight Inflation: 40 Centuries of Evidence

– October 3, 2023

“Price controls do not stop inflation; they only make things worse. If prices are going up, it’s either because monetary policy is too loose or because the economy suffered a decline in productivity.”

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You’re No Einstein, Einstein  

– October 2, 2023

“While he does seem to have intuited that socialism increased the dangers of authoritarian government, he doesn’t seem to have fully grasped that what he sought were two goals in fundamental tension.” ~James A. Hanley

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Business Conditions Monthly August 2023

– October 2, 2023

“As social scientists we remain alert for and open to cogent, economically-sound and well-reasoned hypotheses pertaining to the current state of the economy. Presently, though, our expectation of a US recession on or before August 2024 remains undeterred.” ~Peter C. Earle

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Adam Smith’s Great Power Politics in One Paragraph

– October 1, 2023

“It is said that an armed society is a polite society. Smith, by analogy, suggests that an international cosmos of armed nations will be a polite international cosmos.” ~Daniel B. Klein

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An Insider Untangles the Causes of the Financial Crisis in American Cities

– October 1, 2023

“Balancing budgets without reassessing what municipal governments should or should not do, and the long-term benefits and costs of their activities is insufficient.” ~Jason Sorens & Robertas Bakula

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Why is Baby Formula Kept Under Lock and Key?

– September 30, 2023

“Patent restrictions, a deliberate oligopoly, protectionist tariffs, and the highest inflation in four decades have resulted in an extremely expensive product at the end of a frangible production process and supply chain.” ~Peter C. Earle

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Inflation was Worse than We Thought

– September 30, 2023

“Although Fed officials were late to tighten monetary policy, their efforts over the last year appear to have worked. The risk today is that monetary policy is too tight—and will remain so for too long.” ~William J. Luther

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